Central African Republic
2009 rank: #180
2008 rank: #180
2008 rank: #180
A registered business in the Central African Republic must start with a minimum capitalization of $1,953 - more than 500% of the nation's per-capita income. On the other hand, it takes just 14 days to register a new business.
Imports and exports are viciously expensive, averaging more than $5,000 per container, and taxes are also steep. However, the Central African Republic implemented one entrepreneur-friendly reform this year: The Central African Monetary Union made its credit-registry information accessible to banks online.
NEXT: Guinea-Bissau
Source: All data comes from "Doing Business 2009," a publication of the World Bank and the International Finance Corporation. Detailed methodological information is available at www.doingbusiness.org.
LAST UPDATE: Sep 11 2008 | 1:19 PM ET
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